Pompeo’s Arctic Shipping Lanes

America’s Secretary of State Mike Pompeo, speaking at the prestigious Arctic Council biannual meeting in Finland, christened the Arctic meltdown: “A wonderful economic opportunity for international trade.” In a nutshell, here’s a critique of the Secretary’s advice: An ice-free Arctic reduces travel time for shipping lanes between Asia and the West by three weeks, which qualifies as one of the biggest transport revolutions since cargo planes first crossed the Atlantic in the early 20th century. More